True-Down Amount definition

True-Down Amount shall have the meaning given to that term in Section 7.1(g).
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Examples of True-Down Amount in a sentence

  • During the period commencing with its receipt of such notice and ending on the Closing Date, Eagle may elect in its sole discretion to accept reduced Merger Consideration in the form of a reduced number of shares of Community Trust Common Stock and/or reduced cash in an amount per Eagle Share, as applicable, equal to the True-Down Amount Per Share.

  • The True-Down Amount Per Share shall be a reduction in shares of Community Trust Common Stock valued for this purpose at the Average Closing Price and/or cash, or a combination thereof, as determined by Community Trust.

Related to True-Down Amount

  • Write-Down Amount means, for any Collection Period for any 180-day Receivable or Repossessed Receivable, the excess of (a) the Principal Balance plus accrued and unpaid interest of such Receivable as of the last day of the Collection Period during which such Receivable became a 180-day Receivable or Repossessed Receivable, as the case may be, over (b) the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures for the related Collection Period, which amount may be adjusted to zero by the Servicer in accordance with its normal servicing procedures if such Receivable has ceased to be a 180-day Receivable as provided in the definition of “180-day Receivable.”

  • Step-Down Amount means, with respect to any Distribution Date, the excess, if any, of (x) the Required Pro Forma Note Balance over (y) the Pro Forma Note Balance on such Distribution Date, calculated for this purpose only without deduction for any Step-Down Amount (i.e., assuming that the entire amount described in clause (x) of the definition of “Principal Distributable Amount” is distributed as principal on the Notes); provided, however, that the Step-Down Amount in no event may exceed the amount that would reduce the positive difference, if any, of (i) the Pool Balance minus (ii) the Pro Forma Note Balance, to an amount less than 0.50% of the initial aggregate principal balance of the Receivables.

  • Draw Down Amount means the actual dollar amount of a Draw Down paid to the Company.

  • Writedown Amount The reduction described in Section 5.03(c).

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.